Your home equity is working for you. A cash-out refinance can help you unlock that value, achieve your goals, and have cash in hand for what’s most important. Submit the form to receive your free quote today.
Refinancing always means replacing your current loan with a new one, but a cash-out refinance lets you borrow against the equity (value) you’ve built in your home and take cash out at the same time.
Here’s what a cash-out refinance can offer:
Take cash out of your home’s equity to use however you choose.
Receive the difference between what you owe and what your home is worth.
Refinance and borrow in a single transaction.
Consolidate a first and second mortgage* into one loan.
Access higher loan amounts (sometimes with higher interest rates).
The amount you can cash out depends on your home equity.
Keep in mind that the new loan will still include costs such as an appraisal, title, recording, insurance and closing fees — though you may be able to roll some of these costs into the new mortgage. We can walk you through the details and help you decide if this option makes sense for you.
When you unlock your home’s equity for cash-out, you’re not simply refinancing your mortgage — you’re investing in your dreams, your goals, and life’s little joys.
With a cash-out refinance, the terms of your new loan will differ from your original mortgage, and your interest rate may also change.
Cash-out refinance funds can go toward college tuition or other education costs, helping you invest in your or your family’s future
Using your home equity to remodel or add space is a smart way to boost your property’s value and strengthen your investment.
If you have questions, we’re ready to review the details of your unique situation and start this journey.